Oil prices edged up on Wednesday, lifted by a report of declining US fuel inventories amid the ongoing crude supply outage at Syncrude Canada in Alberta, which usually supplies the United States.
"We are prepared to work with countries that are reducing their imports on a case-by-case basis, but as with our other sanctions, we are not looking to grant wavers or licenses", Hook said when asked about India and Turkey which import Iranian oil.
He hopes that will keep prices low - and motorists happy with cheaper fuel - as he tries to force the Iranians out of the market.
Jahangiri greeted Trump's comments with derision, saying: "They're begging the Saudis to raise their output so that if Iran's quota decreases nothing will happen to the markets".
Geoffrey Craig, the oil futures editor at Platts, said the drain on USA inventory levels is in part because of higher domestic exports, which set a record for the week ending June 22 at 3 million barrels per day.
So, how much support can Trump garner for his economic assault against Iran?
"There is little confidence in the market that we're going to escape an ever-tightening supply and demand balance now".
USA crude stockpiles are forecast to have declined 5 million barrels last week, according to a Bloomberg survey ahead of government data released on Thursday.
"And so, we are not looking to grant licenses or waivers broadly on the reimposition of sanctions, because we believe pressure is critical to achieve our national security objectives", he said.
Oil has been buffeted lately as U.S. President Donald Trump - facing high retail gasoline prices ahead of midterm elections - pushes Saudi Arabia to boost output.
The US earlier this year withdrew from the deal limiting Iran's nuclear programme in return for allowing the company to resell its oil on world markets. "We are also working with oil market participants, including producers and consumers, to ensure market stability".
Still, Iran vowed on Sunday to defeat United States efforts to block its oil exports and warned rival producer Saudi Arabia it would never take Tehran's "place" on the worldwide oil market. It's awful what they do to us, he said.
Iran possesses the second-largest gas reserves on the planet, after Russian Federation, and the fourth-largest oil supplies, while Saudi Arabia is the world's biggest oil exporter.
There's also mens and juniors shirts that read "45 You're Fired", using Trump's facing line from his former show "The Apprentice". We have reached out to Walmart for comment, and will update this story with more details when the company responds.
The New York Times also confirmed the administration's efforts to encourage race-blind admissions standards. The next Supreme Court justice could have a major impact on the future of affirmative action .
However, as he gets older, Madrid will eventually stop giving him new contracts, and Ronaldo will become the boy who cried United. He moved to Manchester United in 2003 before signing on with Madrid in 2009.
Merkel's new policy on immigration is a compromise that allowed her to defuse a confrontation with CSU head Horst Seehofer. Seehofer on Sunday rejected as insufficient an European Union plan to limit migrant flows backed by Ms.
Speaking about the meddling, Bolton told the Fox News Sunday programme: "I think it's something that we're concerned about. Bolton, without directly addressing the president's comment, said that was "not the position of the United States".
As per reports, Mumbai is receiving heavy rains from last night and residents are facing difficulties to deal with daily tasks. The heroic deed of Sawant earned accolades from Railway Minister Piyush Goyal - who visited the crash site yesterday.
An FCC filing, has revealed specifications of the upcoming Samsung Galaxy Note 9; notably that the S-Pen features Bluetooth LE. The smartphone is priced at Rs 14,490 and will be available starting July 5 exclusively via Flipkart and Samsung's e-store.
The dramatic jailbreak took place after a helicopter pilot was taken hostage by three gunmen and forced to land at the prison. He took four guards hostage with a pistol before escaping in a getaway auto but was recaptured six weeks later at a hotel.
It was the latest in a series of arguments about football and the relative merits of the world's two best players. Portugal had more than 60 percent of possession, which they found hard to translate into a goal.